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Strategies & Market Trends : DAYTRADING Fundamentals
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To: TraderAlan who wrote (9841)8/16/2000 5:32:27 PM
From: TraderAlan  Read Replies (2) of 18137
 
One of my sub-topics for my presentation is giving me a few fits but I think it taps a responsive chord. I'd like to call it something like Sex, Lies and Market Gurus but my better nature doesn't want to PO too many people.

The premise is that the gurus have spent decades pulling out natural chart quirks/patterns and then demanding some ownership and rights to the discovery. It follows that this age is ending with the wide distribution of (formerly) proprietary info through the Net and explosion of retail market participation. The benefit is that traders can now focus on the broad mechanics that underlie the formation of good trade setups in the first place.

My problem is twofold: first, I do a lot of this myself through my web site although most of it is free and second, many of the other speakers fall into the guru category.

I'm committed to some discussion on it but need to find a nice way to say it <g>. In effect, it accuses all of us technicians of being knowledge middlemen in the same manner as MMs.

Alan
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